LIBOR pains

Published: Oct. 9, 2021, 1:27 a.m.

For decades, banks used one rate to help set all other rates: LIBOR. After it came out that it'd been rigged, regulators said: no more. Now it's a race \u2014 and a road trip \u2014 to find an alternative. | Subscribe to our weekly newsletter here.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy